Loading chat...
MO HB1085
Bill
Status
3/2/2015
Primary Sponsor
Mike Lair
Click for details
AI Summary
-
Extends work-after-retirement restrictions to retirees employed by third parties or working as independent contractors in school districts, if performing work as substitute teachers or in positions requiring teacher certification
-
Retirees may work up to 600 hours per school year (for PSRS) or 550 hours (for PEERS) and earn no more than 50% of their pre-retirement salary without losing retirement benefits
-
Retirement systems may require districts, third-party employers, independent contractors, and retirees to provide documentation proving compliance with work limitations
-
If documentation is not provided, the retirement system may deem the retiree to have exceeded the work limitations, resulting in suspension of retirement allowance payments
-
Applies to both the Public School Retirement System (sections 169.270-169.400) and the Public Education Employee Retirement System (sections 169.010-169.141)
Legislative Description
Modifies provisions relating to the teacher and school employee retirement systems
Last Action
HCS Reported Do Pass (H)
4/20/2015